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  • Accounting for Special Transactions
  • Fee paid in cash to notary public is charged from
Multiple choice

Fee paid in cash to notary public is charged from

  1. drawer

  2. holder of bill of exchange

  3. drawee

  4. none of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

 When a Bill gets dishonored, holder of the bill pays the notory charges, but Notory charges are recovered from drawee.

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  • Banking and Cash Transactions (990 questions)
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